This fully occupied brick 2-flat, featuring an additional garden apartment, presents a smart opportunity for investors seeking immediate income with room to grow. Both main units feature spacious layouts with three bedrooms and one bathroom, while the garden apartment offers one bedroom and one bathroom. The property has been well-maintained, offering a fenced yard and a two-car garage that can be kept for tenants or leveraged for additional income. With all units currently rented below market value, there is significant upside potential for an investor who wants to reposition rents and maximize cash flow. Located just minutes from I-57, I-294, and I-94, the property offers quick access to downtown Chicago and the surrounding suburbs. It's also near the Metra Electric Line, South Suburban College, Ingalls Memorial Hospital, and neighboring Homewood -areas that consistently draw tenant demand. This is a low-maintenance and high-opportunity building. Whether you're expanding your portfolio or searching for a solid first investment, this property offers stability today with clear upside tomorrow. Sold As-Is.
Closed
$230,000
14600 Loomis Ave, Harvey, IL 60426
6beds
--sqft
Multi Family
Built in 1961
-- sqft lot
$228,100 Zestimate®
$--/sqft
$1,753 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: 18 hours ago
Listing courtesy of:
Krystle Bradley 708-424-4000,
Coldwell Banker Realty
Bought with:
Lois Bobo-Thomas
Choise Realty
Source: MRED as distributed by MLS GRID,MLS#: 12470525
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Owned, Detached, Garage
- Garage spaces: 2
Features
- Patio & porch: Porch
Lot
- Size: 3,484 sqft
Details
- Parcel number: 29081220400000
- Zoning: MULTI
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- New construction: No
- Year built: 1961
- Major remodel year: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Harvey
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$228,100
2% more+$4,562
With Zillow Showcase(estimated)$232,662